Two in five UK pension savers at risk with investment scams - survey

On the 08.08.19 at 7:47AM


Tuba Raqshan

UK regulator Financial Conduct Authority (FCA) and The Pensions Regulator (TPR) revealed that five million pension savers could be scammed out of their lifesavings by fraudsters, urging pension savers to be “ScamSmart” about their retirement income.

The research showed that a whopping 42% of pension savers – almost 5 million people in the UK – could be at risk of falling for pension scams, prompting FCA and The Pensions Regulator (TPR) to warn the public to be vigilant.

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